Latest news with #IndiaEnergyStack
Time of India
29 minutes ago
- Business
- Time of India
Power Ministry unveils task force to conceive India Energy Stack
New Delhi: The Ministry of Power on Saturday announced the launch of a task force to conceive the India Energy Stack (IES), an initiative aimed at creating a unified, secure, and interoperable digital public infrastructure (DPI) for the energy sector. The IES will play a vital role in integrating renewable energy, enhancing DISCOM efficiency , and delivering transparent, reliable, and future-ready power services, an official statement quoted Power Minister Manohar Lal Khattar as saying. "There is an urgent need for developing robust DPI in the power sector to manage the country's rising demand, ensure grid stability, and empower consumers. What Aadhaar did for identity and UPI achieved for digital payments, the India Energy Stack will accomplish for the power sector - unlocking seamless, secure, and consumer-centric energy services for every citizen," he added. As India charts its path to becoming a USD 5 trillion economy and advances towards its net-zero commitments, the power sector faces both unprecedented opportunities and complex challenges, the statement said. Rapid growth in renewable energy, electric vehicles, and consumer participation in energy markets is transforming the sector, but fragmented systems and a lack of seamless digital integration remain key barriers, it pointed out. To address these issues, the ministry is reimagining the sector's digital foundation through the IES - a DPI that will provide a standardised, secure, and open platform to manage, monitor, and innovate across the electricity value chain. The IES will offer unique IDs for consumers, assets, and transactions; real-time, consent-based data sharing; open APIs(Application Programming Interface) for seamless system integration; and tools for consumer empowerment, market access, and innovation. Apart from conceiving the IES, the ministry will undertake a 12-month Proof of Concept (PoC) to demonstrate IES through real-world use cases in partnership with selected utilities. This includes piloting the Utility Intelligence Platform (UIP), a modular, analytics-driven application built on IES to support utilities, policymakers, and consumers with real-time insights and smarter energy management. To guide these initiatives, the ministry has constituted a dedicated task force comprising experts from the technology, power sector, and regulatory domains, which will steer the development, pilot implementation, and nationwide scale-up of the IES.
Time of India
an hour ago
- Business
- Time of India
Nandan Nilekani appointed Chief Mentor for India Energy Stack Task Force
As reported by ET earlier, the Ministry of Power confirmed on Saturday the appointment of Infosys co-founder Nandan Nilekani as the Chief Mentor of a newly formed Task Force to develop the India Energy Stack . The move aims to form a Digital Public Infrastructure (DPI) designed to standardise and modernise operations across the sector. ET had earlier reported the news on June 18. The initiative has been approved under the Revamped Distribution Sector Scheme (RDSS), with REC Ltd. as the Programme Nodal Agency and FSR Global as Knowledge Partner, said an official memo. In a major push to digitise India's power sector, India Energy Stack aims to create a unified digital architecture that will enable interoperability and data-driven innovation across generation, transmission, distribution, and consumer services. "A correction of up to 25% in generation, transmission and distribution costs is the desired outcome of this exercise," an official aware of the project had told ET earlier this month. Nilekani, who previously spearheaded the Aadhaar project as Chairperson of the Unique Identification Authority of India (UIDAI), will guide the Task Force in charting a roadmap for the Energy Stack and preparing the scope for a Utility Intelligence Platform to enhance efficiency and transparency. Alongside tech entrepreneur, the Task Force includes several distinguished experts and senior officials: Dr Ram Sewak Sharma, Chairperson, former CEO of the National Health Authority and ex-Chairman of TRAI. Pradeep Kumar Pujari, Vice Chair, Distinguished Fellow at FSR Global and former Chairman, CERC. Pramod Verma, Chief Architect of FIDE and former Chief Architect of Aadhaar. Ghanshyam Prasad, Chairperson, Central Electricity Authority. Alok Kumar, Director General, AIDA. Jitendra Srivastava, CMD, REC. SK Soonee, Founder and former CMD of Grid India. According to the government notificiation, representatives from major DISCOMs, including CMDs of MSEDCL and GUVNL, will also participate in shaping the initiative.
Time of India
an hour ago
- Business
- Time of India
Govt set to launch digital platform for power sector soon
New Delhi: The government is working to launch a digital platform to enhance coordination, data sharing, and innovation in the power sector. The plan will be led by a 17-member task force comprising Nandan Nilekani , non-executive chairman of Infosys; Ram Sewak Sharma, former director general of UIDAI as the chairperson, and PK Pujari, former power secretary as the vice chair. The India Energy Stack digital public infrastructure will aim to tackle key challenges such as fragmented systems, and support India's push towards a $5 trillion economy and net zero targets, the power ministry said on Saturday. Rapid growth in renewable energy, electric vehicles, and consumer participation in energy markets is transforming the sector, but fragmented systems and a lack of seamless digital integration remain key barriers, it said.
Time of India
14 hours ago
- Business
- Time of India
Govt set to launch digital platform for power sector soon
To foster better coordination and data sharing within the power sector, the government is developing a digital platform called the India Energy Stack. A 17-member task force, led by Ram Sewak Sharma and Nandan Nilekani, will spearhead this initiative. This digital infrastructure aims to address fragmented systems and support India's goals of achieving a $5 trillion economy and net-zero emissions. Tired of too many ads? Remove Ads New Delhi: The government is working to launch a digital platform to enhance coordination, data sharing, and innovation in the power plan will be led by a 17-member task force comprising Nandan Nilekani , non-executive chairman of Infosys; Ram Sewak Sharma, former director general of UIDAI as the chairperson, and PK Pujari, former power secretary as the vice India Energy Stack digital public infrastructure will aim to tackle key challenges such as fragmented systems, and support India's push towards a $5 trillion economy and net zero targets, the power ministry said on growth in renewable energy, electric vehicles, and consumer participation in energy markets is transforming the sector, but fragmented systems and a lack of seamless digital integration remain key barriers, it said.
Time of India
16 hours ago
- Business
- Time of India
Nandan Nilekani appointed Chief Mentor for India Energy Stack Task Force
As reported by ET earlier, the Ministry of Power confirmed on Saturday the appointment of Infosys co-founder Nandan Nilekani as the Chief Mentor of a newly formed Task Force to develop the India Energy Stack . The move aims to form a Digital Public Infrastructure (DPI) designed to standardise and modernise operations across the sector. ET had earlier reported the news on June 18. The initiative has been approved under the Revamped Distribution Sector Scheme (RDSS), with REC Ltd. as the Programme Nodal Agency and FSR Global as Knowledge Partner, said an official memo. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo In a major push to digitise India's power sector, India Energy Stack aims to create a unified digital architecture that will enable interoperability and data-driven innovation across generation, transmission, distribution, and consumer services. "A correction of up to 25% in generation, transmission and distribution costs is the desired outcome of this exercise," an official aware of the project had told ET earlier this month. Live Events Nilekani, who previously spearheaded the Aadhaar project as Chairperson of the Unique Identification Authority of India (UIDAI), will guide the Task Force in charting a roadmap for the Energy Stack and preparing the scope for a Utility Intelligence Platform to enhance efficiency and transparency. Alongside tech entrepreneur, the Task Force includes several distinguished experts and senior officials: Dr Ram Sewak Sharma , Chairperson, former CEO of the National Health Authority and ex-Chairman of TRAI. Pradeep Kumar Pujari , Vice Chair, Distinguished Fellow at FSR Global and former Chairman, CERC. Pramod Verma , Chief Architect of FIDE and former Chief Architect of Aadhaar. Ghanshyam Prasad , Chairperson, Central Electricity Authority. Alok Kumar , Director General, AIDA. Jitendra Srivastava , CMD, REC. SK Soonee , Founder and former CMD of Grid India. According to the government notificiation, representatives from major DISCOMs, including CMDs of MSEDCL and GUVNL, will also participate in shaping the initiative.
